FLGT Crosses Above Average Analyst Target
March 10, 2021 at 08:50 AM EST
In recent trading, shares of Fulgent Genetics Inc (FLGT) have crossed above the average analyst 12-month target price of $96.67, changing hands for $109.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..